On July 8, "Zhongke Environmental Protection," an investee company of Qingyu Fund—a sub-fund backed by the mother fund managed by Yuanhe Chencun—officially listed on the ChiNext Board of the Shenzhen Stock Exchange, with stock code: 301175.

Zhongke Environmental Protection is an enterprise under the Chinese Academy of Sciences, with core business areas including waste-to-energy incineration, kitchen waste treatment, sludge management, hazardous waste handling and disposal, as well as the sale of environmental protection equipment and provision of technical services. Committed to supporting the nation’s "green development" ecological protection strategy, Zhongke Environmental Protection leverages the scientific and technological resources of the Chinese Academy of Sciences and draws on years of advanced experience in commercializing scientific achievements. The company is dedicated to delivering comprehensive waste management and disposal solutions, while innovatively adopting a "combined heat and power" model to supply heating services to nearby industrial enterprises. This approach not only ensures the harmless treatment of municipal solid waste but also enables the diversified utilization of thermal energy, actively aligning with the national "dual control" initiatives and the goals of peaking carbon emissions and achieving carbon neutrality—ultimately boosting the green growth of China’s economy.

As an eco-friendly industry platform driven by technological innovation, Zhongke Environmental is committed to becoming a leading enterprise that "transforms the environment through technology," continuously striving to deliver Best Available Technologies (BAT) and Best Environmental Practices (BEP) for sustainable environmental development.

After deducting issuance expenses, the net proceeds from this offering by Zhongke Environmental Protection amount to 1.35 billion yuan, which will be primarily allocated to the Jin City municipal solid waste incineration power project, the construction of the Mianyang City Second Municipal Solid Waste Incineration Power Project under a government-social capital partnership model, the Haicheng City municipal solid waste incineration power project, as well as for replenishing working capital and repaying debt.